The freight market recovery is still stuck in neutral, so what are brokers doing instead? 76% are betting on tech, automation, and efficiency to stay ahead in 2025.
Reefer rates rise as Valentine’s Day flower demand arrives. See how Miami’s freight market reacts to seasonal shipping spikes.
Plus, p44 CEO responds to MyCarrier's open letter, Goldman Sachs expands warehouse portfolio, ArcBest earnings report is out, and more.
April saw a 20% year-over-year decrease in used Class 8 truck sales, falling to 17,600 units, accompanied by a 29% drop in average price, according to ACT Research. With inventory growing and demand softening, Steve Tam, Vice President at ACT Research, anticipates demand for used equipment will likely decrease as freight volumes continue to contract. However, industry insiders are hopeful for a market turnaround by year's end.
Source: Transport Topics
Windrose Semi reveals striking similarities to Tesla's design. Here are the features, performance, and industry implications of their electric truck.
North Carolina upgrades weigh stations with $5.8M tech boost. New systems include weigh-in-motion and license plate readers for improved safety and efficiency.
Alabama jury rules against Daimler Truck NA in a $160M verdict for a truck driver injured due to alleged defective cab and seat design.
ATRI study shows 39% of truck deliveries face costly delays. Industry loses $15B annually.
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